Results from a recent survey by BATC-Housing First Minnesota show that Lennar – Minneapolis/St. Paul was the region’s top ranked builder once again in 2017. Lennar has held the top spot since 2006. Rankings are based on annual gross revenue as reported by respondents for for-sale housing. Lennar reported gross revenue at $291.9 million for 592 single-family homes and 66 multifamily homes (658 total) closed in the 2017 calendar year.
“It’s great to see that our Top 25 Builders combined saw a 14 percent increase in the number of units in 2017 compared to 2016,” said David Siegel, executive director of BATC-Housing First Minnesota. “We have a unique market in the Twin Cities that is fortunate to have such a variety of great builders.”
“Over the past 12 years, more Twin Cities homebuyers have trusted Lennar to build their family’s dream home. We are proud that we have continued to earn that trust,” said Bill Burgess, Lennar Division President. “With our recent merger with Cal Atlantic Homes, our Lennar team is focused on designing and building homes that incorporate the latest design trends and features.”
In addition to Lennar, the top ten home builders were Pulte Homes of Minnesota, LLC with over $214 million in revenue and 462 housing units closed; followed by CalAtlantic Homes, which is now owned by Lennar, with revenue of $204 million and 526 units; D.R. Horton, Inc. with $177 million in revenue and 436 housing units; Robert Thomas Homes, Inc. at $104 million and 191 units; M/I Homes with $102 million and 251 units; Hanson Builders, Inc. with $89 million and 141 units; Gonyea Homes, LLC with $76 million and 85 units; Capstone Homes, Inc. with $72 million and 203 units; and Eternity Homes, Inc. with 58 million and 107 total units.
Rankings are based on information provided by survey respondents. Respondent information is believed to be reliable. Each company has verified information to the best degree possible. Commercial construction firms building rental or senior housing were not included in this ranking.
